SacriFries11
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March 06, 2020, 11:33:56 AM |
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No project is perfect when it comes to different factors, that is my opinion. But I think the best way to gain much attention is to be in touch with the community and with a good marketing team for sure, it will soar high! See, every developer already got knowledge or ideas when it comes to a so-called "good project" but it will make a difference if it is being hyped just like what OP said.
If project in the first place is very promising, good content, idea is unique and have improvement, I think it will make the community more effective and investors will easily give their attention to it. If devs give it more effort and time to promote the project. They should make sure that it will develop through the day to keep on the right track and keep up with the trend about cryptocurrency.
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Balladtony77
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March 06, 2020, 11:39:24 AM |
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The only thing that most new projects lacks this days is seriousness of the team, I've seen few project that failed to raise good fund but still continue the development of the project, for others they just stop updating and exit
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BayAngelo
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March 06, 2020, 12:10:35 PM |
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Every good project takes time to build no matter what. true, what we are seeing now is hype projects where people hype a project to drive the market and after which they pull their funds and dissappear leaving the project to it's fate. There are projects that don't care much about the hype, the noise and fame But are Focused in promoting and building their platform. Some options to spot good projects are: Check out their BITCOINTALK THREAD HERE FOR UPDATES. They keep updating their road map with developements and achivements so far check out their github account where they are active and live. their telegram group is always active with announcements and the latest.
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Yogee
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March 06, 2020, 12:54:42 PM |
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So I checked this Dynamite token on coinmarketcap and browse their website. I'm surprised none of the previous comment talked about the example in the original post.
They have their MVP which is a platform for freelancers and online jobs that pays in crypto. The total original token supply is only around 900,000 and that will continue to decline because of the 2% burn fee everytime the token is transferred to another wallet. They did not do an ICO and 60% of the supply was given to the community. Up to this date, around 39% of the supply are still locked.
With the above information, I think it is not fair to call this project as pure hype and lame project. If what you said is true about them winning a lot of community voting, they must be doing something right to have a good community support.
It would have been fair if ampere also use an example of a good project that is still undervalued. In that way, we could also see what they may be doing wrong.
From my perspective, projects should balance development and marketing. It is not easy to attract attention and they need both a product and the right marketing strategy to stand out. The proper timing is very important also
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cytpoway121
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March 08, 2020, 09:34:21 PM |
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I think you have already mentioned the basics that a project needs. Apart from a good product, and a working principle, a good project definitely need good communities to push the good news, push the products to everyone on social media, to help create the neccesary and basic hypes equally.
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ampere (OP)
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March 08, 2020, 09:37:20 PM |
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So I checked this Dynamite token on coinmarketcap and browse their website. I'm surprised none of the previous comment talked about the example in the original post.
They have their MVP which is a platform for freelancers and online jobs that pays in crypto. The total original token supply is only around 900,000 and that will continue to decline because of the 2% burn fee everytime the token is transferred to another wallet. They did not do an ICO and 60% of the supply was given to the community. Up to this date, around 39% of the supply are still locked.
With the above information, I think it is not fair to call this project as pure hype and lame project. If what you said is true about them winning a lot of community voting, they must be doing something right to have a good community support.
It would have been fair if ampere also use an example of a good project that is still undervalued. In that way, we could also see what they may be doing wrong.
From my perspective, projects should balance development and marketing. It is not easy to attract attention and they need both a product and the right marketing strategy to stand out. The proper timing is very important also
I definitely understand your point of view, But if we deduce your support in factual terms. I believe we will both agree that they have benefited from unsual hypes, than some platforms would get. And also, i do not rate timing, as long as your project is genuine, you will thrive.
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slashz9
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March 09, 2020, 04:47:04 AM |
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will give a refund if indeed they sell at a higher price than at the beginning of the purchase, as you said earlier this project is hype so do not have to wait long or expect the price to be higher again, because there is no effect, the product that is given is actually only news and the community that makes it look real.so you should sell right away once you make a profit because a project like this won't last long.
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thesmallgod
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March 09, 2020, 06:18:18 AM |
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To answer your last question, I do not think those projects can bring out great ROI for the investors. Almost 99% of the token that is being traded today is far less than the price during ICO and IEO with no hope of reaching back the peak. Just as you have said, many of them have no working products which means the demand for the token will continue to decrease until the project become dead. This is exactly what is happening to many of today's project
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Lantind
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March 09, 2020, 06:27:36 AM |
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will give a refund if indeed they sell at a higher price than at the beginning of the purchase, as you said earlier this project is hype so do not have to wait long or expect the price to be higher again, because there is no effect, the product that is given is actually only news and the community that makes it look real.so you should sell right away once you make a profit because a project like this won't last long.
Yes, that's right, almost the average project with the hype model does not last for a long time, because they only play with the news and the community, while the original product does not exist at all, that's what makes the project can not survive in the long run.
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bgaf
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March 09, 2020, 06:49:29 AM |
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The question is, would these undervalued, poor dev projects ever compensate investors in terms of returns on investment? I hope to learn further more below.
Not guaranteed I think. Investors should always be reminded of consequence for these risky projects. Yes not all the time ROI will be seen on some hidden gems and also as a trader we know how volatile this market right, if you want to earn and gain some profits, risk some but dont always expect something sure. Many undrvalued project posses a very high risk and those who keep losing here are those who dont have enough knowledge. Dont trust mostly what those developers or owners says, about profits cause this is an obvious shill or just part of their words to make you feel relieve. Instead of believing them, why see for yourself and observe first before putting up some money. Dont believe on quick return profits projects. These will turn out to be exit boys in the end once they gain some profits already.
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Farma
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March 09, 2020, 06:53:11 AM |
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The question is, would these undervalued, poor dev projects ever compensate investors in terms of returns on investment? I hope to learn further more below.
if it's a really good project, and the team is responsible for it, then the team will compensate and give their funds back if they don't reach their target. but of course, that takes time. some people can't wait to make it look to scam, but in reality, they only need time. to make a good project, honesty is needed, and when people don't support the project to reach the target, at least, the team has a value in compensation. projects that are not goodwill certainly run away from this responsibility.
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jerrison
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March 09, 2020, 07:24:53 AM |
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Some devs are good with project, but lacks community, While Some dev lacks good project, but their community noise can drive price to heights beyond a good project with lack of community can attain.
And if you will agree with me many solid project have gone below radar because of that while many over hyped projects are being shilled endlessly.
An example is the dynamite with several hypes and wins community vote almost everywhere, getting listed in several exchange, yet, no product, nothing just a lame project.
The question is, would these undervalued, poor dev projects ever compensate investors in terms of returns on investment? I hope to learn further more below.
Responding to your very last question. Every investor is always advised to do enough research before investing in a project, also note that all investors bears in the risk and profit of the businesses in which they commit their resources to. so they will not have refunds in cases where the investment goes south.
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slaman29
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Livecasino, 20% cashback, no fuss payouts.
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March 09, 2020, 07:36:24 AM |
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If project in the first place is very promising, good content, idea is unique and have improvement, I think it will make the community more effective and investors will easily give their attention to it. If devs give it more effort and time to promote the project. They should make sure that it will develop through the day to keep on the right track and keep up with the trend about cryptocurrency.
Said it a hundred times before. Idea is worth shit if it doesn't have a way to use it for normal people. I can use Bitcoin, Litecoin, even Monero right now to pay for stuff I need. And it's all done in a few seconds, easily and no nonsense 3rd party or gateway. No needing to trade for some token that can only be used in 1 ecosystem and then needing to trade out or negate the balance. It's not about the idea, but about the implementation.
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Leonardo7
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March 09, 2020, 07:51:44 AM |
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I would say a good project should have a good development team who are sincere, good marketing officers who carry the community along with all the happening without frivolous promises, a good solution offering program and not an imitation of already existing projects but one that provokes sound reasoning, getting listed on reputable exchanges and lastly a decent community with an even coin distribution.
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lancelot18cryp26
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March 09, 2020, 08:01:12 AM Merited by TimeTeller (1) |
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A good project needs.
- active github development - active community management - transparent team
and the rest will follow in time...
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tiang_tower
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March 09, 2020, 08:47:02 AM |
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A good project needs.
- active github development - active community management - transparent team
and the rest will follow in time...
Yes, and the problem now is that not all projects have active github development, active community management and transparent teams, and on average most projects don't have these three things, so it's not worth saying good.
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Mianae
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March 09, 2020, 09:06:31 AM |
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Yes they always do compensate investors. What lame shilled projects does is create high liquidity depth out of the shills it gets from community members. What a good project needs is good development and great community. Without the community factor, no project can survive every project needs the hype to make money for investors.
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Greatchu
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March 09, 2020, 01:22:16 PM |
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Developers are always behave like the smartest sometimes, they failed to listen to the community, they behave like they know everything that will make a project to be successful but in the end they lack alot, devs can't know everything, it's impossible
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TWW
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March 09, 2020, 01:37:11 PM |
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A good project needs.
- active github development - active community management - transparent team
and the rest will follow in time...
Yes, and the problem now is that not all projects have active github development, active community management and transparent teams, and on average most projects don't have these three things, so it's not worth saying good. You're right, the current state of the project seems to be far from good because there aren't many projects that do that. we no longer see any projects that are truly transparent with their finances. especially if you see an exchange project that is holding a withdrawal from their platform. it is a developer action that is not very good and makes a bad image.
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OasisDre
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March 09, 2020, 01:53:01 PM |
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Professionals and transparency, that's all it takes for new projects to become very demanding in crypto space, many new projects are been handled by none pro teams that's why they fail in several ways and they don't have interest in the community, they forget that without community there is nothing else
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